Again, Inc. is proposing a rights offering. Presently, there are 550,000 shares outstanding at $87 each. There will be 85,000 new shares offered at $81 each.
Why might a company have a rights offering rather than a general cash offer?
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Again, Inc. is proposing a rights offering. Presently, there are 550,000 shares outstanding at $87 each. There will be 85,000 new shares offered at $81 each.
Why might a company have a rights offering rather than a general cash offer?